RATE Group | Making cryptocurrency payments fast and secure
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Making cryptocurrency payments fast and secure

29 Apr Making cryptocurrency payments fast and secure

Posted at 15:32h in Cryptocurrency News by

Making cryptocurrency payments fast and secure
The Snappy team of Srdjan Capkun (r.). Credit: ETH Zurich / Martin Ruetsche

Trading in digital currencies such as Bitcoin or Ether has become an established practice but using them as a payment means is still a slow process. ETH Professor Srdjan Capkun and his team have now developed a system that makes cryptocurrency payments secure, fast and practical.

Cryptocurrencies such as Bitcoin, Ethereum or Ripple used to be nothing more than an experimental platform for critics of the system, but this has long ceased to be the case. These currencies have now become an established investment strategy. Today, some 5,000 digital currencies are available. The most popular is Bitcoin, which now has over 18 million units in circulation—that’s equivalent to more than 126 billion euros. Ethereum, or Ether for…

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